$900 Billion Stimulus Bill Agreed in Congress

December 21, 2020By Paren Knadjian

Congress reached an agreement late on Sunday, December 20th, for a $900 billion stimulus package.  The Bill is expected to pass the House and Senate and be signed into law by December 23rd. The full text of the Bill has just been released and we are reviewing the details. Meanwhile, below are the highlights of how Read the full article…

IRS to Audit High-Income Tax Returns

August 26, 2020By Brad Pauley, CPA

The IRS announced on June 18th that they will be looking at hundreds of high-income tax returns between July 15th and September 30th. They are expected to be looking at not only the taxpayer’s individual returns but any business-related pass-through entities as well. These reviews create exposure for athletes and entertainers who have high income and Read the full article…

Steve Chhuor Certified in Cybersecurity Advisory Services

January 16, 2019By KROST CPAs

Recently, KROST team members have devoted time to further their training and expertise in cybersecurity by earning AICPA’s Cybersecurity Advisory Services certificate. Cybersecurity risk is evolving daily and as experts, we need to continually expand our knowledge to properly detect, respond to, mitigate and recover from security risk. Assurance & Advisory Manager, Steve Chhuor, CPA, Read the full article…

KROST Recognized Honoree of Los Angeles Business Journal’s 2018 Fastest Growing Private Companies

November 16, 2018By KROST CPAs

  On Wednesday, November 7, 2018, KROST was recognized as one of Los Angeles Business Journals’ Fastest Growing Private Companies in Los Angeles County, with 63% growth in revenue between 2015 and 2017. KROST received this recognition during Los Angeles Business Journal’s 22th annual ceremony to honor a select group of private companies that have Read the full article…